monetizing elgg - Brainstorm session

Yes... We know elgg and can setup cool websites within hours or a day...

But how do we monetize those websites ?

Lets brainstorm -

Monetizing options -

1. Google Adsense, adbrites using tidypics or others can be applied with coding or using adsense plugins available in here.

2. Offer Premium memberships ( but only if we are on that kind of premium niche and have some nice resources to give to premium members).

3. Create plugins/offer elgg web developement solutions ? NO - coz Im talking about monetizing from/with sites developed with elgg, not selling our elgg knowledge & expertise.

4. Putting in banner ads on top, in spotlight, popup ads in login... can be done thru coding. The problem there is we have only one spotlight one header and one side banner...

5. I dont know if you can insert google ads inside your pages or blogs, I think it cant be done.. but then we are loosing a very bigamount of our virtual realestate. Blogs & Pages can be monetized in its real sense only if we have the ability to insert ad codes like in normal Blogs & html,php pages. or revamp and customise elgg and make it advertise friendly, which indeed is gonna cost you $$$$

6. Get local ads, list them on our websites.  For that we have to have a plugin like directory listing, no free plugin available, but if you may say that if we want to make money you will have to pay first to develop a plugin or purchase some plugin readily available.

Now.. I know there are many sites built with elgg, some webowners in our community has members over 5000 & 10,000... I wonder how they monetize their sites, and the income they derive  through their sites

Because as members grow in and eat up our server and bandwidth there must be a way to pay our bills from the sites we monitor 24/7/365. Its only natural and human to expect something back from the websites that we spent much time adminstering and tidying up

Comments...Ideas... Suggestions... Feedbackss.... all are welcome :)

Ideas Ideas Ideas...........

 

 

  • Its a wonder why people in here are not quite interested in making money through their sites, I never knew I was in group of a wealthy webmaster club where no one is interested in making money from their elgg-created websites.

    @adclose - I was expecting you to respond to this... as only you are the only other person who has done something about this... but this discussion is not about asking members of any site to join other sites to sell out or market other products ...this may work out in marketing niche websites  where members join to promote or make money.. This wont work out in others

    and also No webmasters would like to loose his members to other websites, will they ?

     

  • Monetize Ideas:

      1) ad revenue sharing in groups - Admin can push group creators to keep groups active with revenue sharing, lets say at the start it is 90 / 10 split,, as the group admin  maintains and grows  the group, admin can assign a 75 / 25 split or whatever the goal split may be 50/50??

    2) Workshops -  Creating workshops and setting up timeslots and invites, why not have members who create these be able to charge for other members to sign up and again split the revenue with the Admin.

    3) subscriptions - site wide registration is free, but to access certain content one must pay a re-ocurring subscription fee. example would be if some members of a niche prove themselves to be popular and everyone follows their activity, why not allow admin the ability to put SOME of their activity behind a subscription wall - again, splitting the rev with admin.

    just ideas